Former Gannett (GCI) CEO Craig Dubow received a severance package of ~$32M when he quit in...

|About: Gannett Co., Inc. (GCI)|By:, SA News Editor

Former Gannett (GCI) CEO Craig Dubow received a severance package of ~$32M when he quit in October due to chronic health problems, the company said late Friday. The massive payoff came despite revenue from print ads more than halving to $2.5B last year from $5.2B in 2005, and the stock plunging 86% while Dubow was CEO.